Full On: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Full On
Largest movements
- Receivables within one year -€50,197
down €50,197 (-71.8%), from €69,864 to €19,667
of which Trade receivables: -€36,352
- Cash -€13,909
down €13,909 (-33.0%), from €42,163 to €28,254
mainly Trade debts (-€63,883) and Investment in fixed assets (net) (-€3,365)
- Tangible fixed assets +€3,057
new in 2025: €3,057
- Trade debts -€63,883
down €63,883 (-83.6%), from €76,414 to €12,531
- Profit (loss) carried forward +€5,469
up €5,469 (+36.7%), from €14,885 to €20,354
- Tax, wage and social debts -€3,298
down €3,298 (-54.3%), from €6,076 to €2,778
of which Remuneration and social security: -€2,426
- Gross operating margin -€20,984
down €20,984 (-73.3%), from €28,637 to €7,653
- Staff costs -€14,221
no longer reported in 2025 (was €14,221)
- Taxes -€1,761
down €1,761 (-48.2%), from €3,650 to €1,889
- Financial income +€334
up €334 (+296%), from €113 to €447
- Depreciation +€308
new in 2025: €308
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,927 | €51,878 | -€61,049 | -54.1% |
| Fixed assets | 21/28 | €900 | €3,957 | +€3,057 | +340% |
| Tangible fixed assets | 22/27 | - | €3,057 | +€3,057 | |
| Furniture and vehicles | 24 | - | €3,057 | +€3,057 | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €112,027 | €47,921 | -€64,106 | -57.2% |
| Amounts receivable within one year | 40/41 | €69,864 | €19,667 | -€50,197 | -71.8% |
| Trade receivables | 40 | €56,019 | €19,667 | -€36,352 | -64.9% |
| Other amounts receivable | 41 | €13,845 | - | -€13,845 | |
| Cash at bank and in hand | 54/58 | €42,163 | €28,254 | -€13,909 | -33.0% |
| Total equity and liabilities | 10/49 | €112,927 | €51,878 | -€61,049 | -54.1% |
| Equity | 10/15 | €29,885 | €35,354 | +€5,469 | +18.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,885 | €20,354 | +€5,469 | +36.7% |
| Amounts payable | 17/49 | €83,042 | €16,524 | -€66,518 | -80.1% |
| Amounts payable within one year | 42/48 | €83,042 | €16,524 | -€66,518 | -80.1% |
| Trade debts | 44 | €76,414 | €12,531 | -€63,883 | -83.6% |
| Suppliers | 440/4 | €76,414 | €12,531 | -€63,883 | -83.6% |
| Taxes, remuneration and social security | 45 | €6,076 | €2,778 | -€3,298 | -54.3% |
| Taxes | 450/3 | €3,650 | €2,778 | -€872 | -23.9% |
| Remuneration and social security | 454/9 | €2,426 | - | -€2,426 | |
| Other amounts payable | 47/48 | €552 | €1,215 | +€663 | +120% |
| Remuneration, social security and pensions | 62 | €14,221 | - | -€14,221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €308 | +€308 | |
| Other operating charges | 640/8 | €141 | €294 | +€153 | +109% |
| Non-recurring operating charges | 66A | €146 | - | -€146 | |
| Gross operating margin | 9900 | €28,637 | €7,653 | -€20,984 | -73.3% |
| Operating profit (loss) | 9901 | €14,129 | €7,051 | -€7,078 | -50.1% |
| Financial income | 75/76B | €113 | €447 | +€334 | +296% |
| Recurring financial income | 75 | €113 | €447 | +€334 | +296% |
| Financial charges | 65/66B | €199 | €140 | -€59 | -29.6% |
| Recurring financial charges | 65 | €199 | €140 | -€59 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €14,043 | €7,358 | -€6,685 | -47.6% |
| Income taxes | 67/77 | €3,650 | €1,889 | -€1,761 | -48.2% |
| Profit (loss) for the period | 9904 | €10,393 | €5,469 | -€4,924 | -47.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,393 | €5,469 | -€4,924 | -47.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.